Hong Kong’s Hang Seng Index closed higher on Monday, driven by gains in blue-chip stocks. Strong performances from companies like HSBC and China Mobile helped to lift the overall market sentiment. The positive momentum was further fueled by encouraging economic data released over the weekend, which suggested sustained growth in the region.

Analysts noted that investors were also buoyed by expectations of further policy support from the government. Increased trading volume indicated strong investor confidence, with many anticipating continued gains in the near term. However, some cautioned that the market could be vulnerable to corrections due to external factors such as fluctuations in global commodity prices and potential interest rate hikes by the US Federal Reserve.

Real estate stocks also performed well, boosted by reports of increased property sales. The overall market outlook remains positive, with many expecting the Hang Seng Index to continue its upward trajectory in the coming weeks.